CAP Equity Guard EA

5

CAP Equity Guard EA is a risk management tool designed to monitor the equity of your trading account in real-time and take predefined actions when equity thresholds are reached. It is particularly useful for traders and money managers seeking automated protection against excessive drawdowns or equity fluctuations.

This EA can perform various automated actions such as closing trades, deleting pending orders, or pausing external EAs once specified equity conditions are met. It also supports restart recovery and provides optional alert notifications.


Key Features

  • Monitors entire account equity, not just single trades.

  • Works independently or alongside other EAs.

  • Automatically closes trades or removes external EAs upon equity triggers.

  • Restores functionality after terminal restarts using global variables.

  • Visual panel and alert system for real-time monitoring.


How It Works

When attached to a chart, the EA monitors equity changes. You can configure it to take action when a defined profit or loss level is reached — in currency or percentage. The EA maintains a record of your equity level using a global variable, which allows it to resume correctly after a terminal or VPS restart.

Example Use Case:

  • Starting equity: 1000

  • Trigger type: P. in currency

  • Trigger value: 5
    → When equity reaches 1005, all open trades are closed, and 1005 becomes the new reference point. This cycle repeats based on new equity changes.


Input Parameters


EA Configurations

  • Stop EA – If true , the EA will stop all operations.

  • Profit Type – Choose In Currency or In Percent .

  • Profit Value – Value in currency or % based on your selection.

  • Loss Type – Choose In Currency or In Percent .

  • Loss Value – Value in currency or % based on your selection.


Trigger Actions

  • Close All Open Trades – Close trades when condition is met.

  • Delete Pending Orders – Delete all pending orders on trigger.

  • Disable External EA – Remove other EA(s) from charts.

  • EA Stop After Trigger – Choose how long the EA pauses after trigger:

    • None – EA continues running.

    • Stop for X Minutes

    • Stop for the Day

    • Stop Until Manually Reset

  • X_Minute – Number of minutes to pause when selected.

  • External_Chart_ID – Chart IDs to manage external EAs (comma-separated).

  • Template_Remove_Name – Template names to remove on trigger.

  • Restore External EA – Restore previously removed EAs.

  • Template_Restore_Name – Templates to apply when restoring EAs.


Notification Settings

  • Enable Pop-Up Alerts

  • Enable Sound Alerts

  • Send Email Alerts

  • Send Mobile Notifications

Best Practices

  • Attach the EA when there are no active trades.

  • Avoid depositing or withdrawing funds during active trades. Doing so may affect the equity calculation logic. If a deposit or withdrawal is necessary:

    1. Pause the EA using Stop EA .

    2. Perform your deposit/withdrawal.

    3. Manually adjust the recorded equity value via the input.

    4. Restart the EA.


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Author

Mohammad Ali, technical analyst and speculator, software engineer and founder of MEETALGO LLC.‌

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Custom Alerts AIO: All-in-One Market Scanner – No Setup Required Overview Custom Alerts AIO is the fastest and easiest way to monitor multiple markets for real-time trading signals—without any setup or extra licenses. It comes with all required Stein Investments indicators already embedded, making it the perfect plug-and-play solution for traders who value simplicity and performance. Just load it to any chart and start receiving alerts across Forex, Metals, Crypto, and Indices. Shares can be a
Basket EA MT4
Juvenille Emperor Limited
5 (5)
Utilities
Basket EA MT4 is a powerful profit-harvesting tool and a comprehensive account protection system, all combined into a simple and easy-to-use solution. Its core purpose is to give you complete control over your trading account’s overall profit and loss by managing all open positions at the basket level, rather than individually. The EA offers a full range of basket-level features, including take profit, stop loss, break even, and trailing stop loss. These can be configured as a percentage of your
Smart Copy Local MT4
Kyra Nickaline Watson-gordon
5 (7)
Utilities
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable copying s
Telegram To MT4 Receiver
Levi Dane Benjamin
4.2 (5)
Utilities
Copy Signals from any channel that you are a member (including private and restricted) straight to your MT4.  This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT5 Version | Discord Version If you want to try a demo please go to user guide. The Tel
Fast Copy For Multi Plattform Multi Account MT4
Kaijun Wang
5 (9)
Utilities
Copier->Convenient and fast interface interaction, users can use it right away   ->>>> Recommended to use on Windows computers or VPS Windows Features: Diversified and personalized copy trading settings: 1. Different lot modes can be set for different signal sources 2. Different signal sources can be set for forward and reverse copy trading 3. Signals can be set with comments 4. Whether to calibrate the lot according to the contract lot Diversified and personalized copy order settings 2: 1. Dif
EasyInsight AIO MT4
Alain Verleyen
3 (1)
Utilities
EASY Insight AIO – All-In-One Power for AI-Driven Trading Overview Want to skip the setup and start scanning the entire market – Forex, Gold, Crypto, Indices, and even Stocks – in seconds? EASY Insight AIO is the complete plug-and-play solution for AI-powered trade analysis. It includes all core Stein Investments indicators built-in and automatically exports clean, structured CSV files – perfect for backtesting, AI prompts, and live market decision-making. No need to install or configure indic
CalculateScientificTradePeriod
Aleksey Ivanov
Utilities
Firstly , the script estimates how many Mx bars of the chart (on which this script is applied) the future trend will most likely continue and what is its quality. Secondly (and most importantly), the script is an auxiliary tool for the extremely mathematically advanced and extremely effective ScientificTrade indicator in trading. The script calculates the optimal averaging period, which is also equal to Mx, of the ScientificTrade indicator, which gives the maximum profit according to the strate
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